NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND NEVER WENT UP FOR LONG INITIATION UPTO MID SESSION AND WE DID SOME GOOD PROFITS IN 5500 5400 5300 PUTS IN MORNING SESSION AND LATER POWER SHORT HITTED SL FOR A LOSS OF 20 POINTS AND LONG GIVEN A PROFIT OF 38 POINTS AND SHORT NOT GIVEN ANY PROFIT AND CLOSED @ NPNL LEVEL , EVEN THOUGH SCALP TRADES GIVEN 20 POINTS IN 3 ROUNDS AS NIFTY @ CRITICAL LEVEL OF PANIC BUTTON , ANY MOVE CAN HAPPEN ABOVE THE PANIC BUTTON , SO, WE HEDGE OUR SHORTS WITH CALLS AND CARRIED SOME LOTS FOR TOMORROW. AS PER LEVELS IT IS ONLY 18 POINTS PROFIT. BUT OUR PGS & PSG CLIENTS MINTED GOOD PROFITS AS WE CHANGED THE QTY AFTER HITTING SL FOR POWER SHORT AND WE GAINED MORE THAN THIS, BUT DUE TO HEDGING IN PUTS IN 2ND ROUND WE MISSED SOME PROFITS BECAUSE OF PUTS HITTED SL IN 2ND ROUND AS WE DID SAFE TRADING BECAUSE OF PANIC BUTTON
What happened on Today {LEFT} and what will happen for Tomorrow {RIGHT}, click on charts to know more
FOR TREND CHANGING TIMINGS WILL UPDATE THROUGH YAHOO MESSENGER IN LIVE MARKETS
Regards,
Regards,
Rajesh.saladi
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